CORTSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26393906
Irma Pedersens Gade 25, 8000 Aarhus C
tel: 29702407
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Credit rating

Company information

Official name
CORTSEN HOLDING ApS
Established
2002
Company form
Private limited company
Industry

About CORTSEN HOLDING ApS

CORTSEN HOLDING ApS (CVR number: 26393906) is a company from AARHUS. The company reported a net sales of 22.1 mDKK in 2024, demonstrating a growth of 261.2 % compared to the previous year. The operating profit percentage was at 99.2 % (EBIT: 22 mDKK), while net earnings were 16.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 105.5 %, which can be considered excellent and Return on Equity (ROE) was 82.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CORTSEN HOLDING ApS's liquidity measured by quick ratio was 45.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales6 131.5322 144.57
Gross profit-10.99-12.40-9.825 990.9221 976.01
EBIT-10.99-12.40-9.825 990.9221 976.01
Net earnings3 313.931 677.562 507.027 813.6016 776.75
Shareholders equity total8 711.739 589.296 096.3112 409.9128 186.66
Balance sheet total (assets)9 266.3710 183.466 759.9513 126.5628 823.78
Net debt-6 928.94-9 946.03-6 522.52-12 889.14-23 630.74
Profitability
EBIT-%97.7 %99.2 %
ROA47.4 %21.6 %31.6 %83.4 %105.5 %
ROE47.0 %18.3 %32.0 %84.4 %82.7 %
ROI51.0 %23.0 %34.1 %89.6 %109.0 %
Economic value added (EVA)- 280.12- 447.44- 488.615 341.6421 352.41
Solvency
Equity ratio94.0 %94.2 %90.2 %94.5 %97.8 %
Gearing
Relative net indebtedness %-198.5 %-103.8 %
Liquidity
Quick ratio16.316.79.818.045.2
Current ratio16.316.79.818.045.2
Cash and cash equivalents6 928.949 946.036 522.5212 889.1423 630.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %48.6 %87.8 %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:105.5%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.8%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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